the.com/austerity

the polite name for making the poor pay for the rich's mistakes

coined crisisGreece slashed spending, its economy shrank a quarter
word rootsFrom Greek for harsh, dry, and bitter taste
debt logicCutting budgets can shrink growth and raise debt ratios
IMF mea culpaEven the IMF admitted it underestimated austerity's damage
life expectancyLinked to thousands of excess deaths in cut-hit nations
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